Sunday, November 14, 2010

Baby Boomers - Social Security & Medicare

70 million Baby Boomers are beginning to retire. As a result, our elected representatives, of both political parties, are starting to panic because since 1965, they have stolen the monies that were supposed to be there to support Baby Boomer retirements and spent it on current expenditures. There never was a lock box for Social Security; just IOU's given the Social Security Administration by the federal government. In five years, Social Security will go cash negative as more money will be going out than will be paid in. By 2037, Social Security will be bankrupt. In just 10 years, Medicare too will be bankrupt.

It isn't that Baby Boomers did not pay enough in over the years. In fact, Baby Boomers funded their parents' Social Security and Medicare benefits far in excess of any monies that their parents ever paid into the system. So much so that for years there were surpluses that politicians used to pay for wars and buy votes rather than invest these monies to secure Baby Boomer retirements. Now many of these same politicians, who should be in jail rather than in Congress, are talking about cutting Social Security and Medicare benefits for Baby Boomers and/or the potential for means testing to deny benefits to wealthier Baby Boomers that paid in the maximum for years. WE THE PEOPLE, especially Baby Boomers, must stand up and say HELL NO.

Before retirement age is raised and/or there is means testing, we need to see major cuts in federal government expenditures. Whole departments, or agencies need to be eliminated altogether. And, before ObamaCare, a whole new entitlement is added, Baby Boomers benefits must be paid as promised. If not, then Social Security and Medicare are the biggest Ponzi scheme in world history.

The waste and fraud in the federal government is legend. The pork barrel projects used to buy votes have to stop. The bankruptcy of Social Security and Medicare is another reason we have to sweep these Socialists and RINO's out of office by electing Conservatives who support free market capitalism, limited government, lower taxes and less regulation, a balanced budget, term limits, real education, energy and health care reform, a strong national defense, including securing our border and fighting Terrorism, the right to bear arms, the sanctity of life and family values that are the foundation of our nation. This is the winning platform supported by the American people and the only way to restore economic growth and job creation in our country. It is also the only way to save Social Security and Medicare for Baby Boomers and all generations to follow.

Most important, we must take back our country in 2012 and 2014 by electing Conservatives who will adhere to the Constitution, as written by our Founding Fathers, not as contrived by the left wing media, Socialists in the last 97 years, former Presidents, Congresses, or the Courts. We proved in 2010 that we can take back our country. Now we have to finish the job to preserve our freedoms, our nation and way of life and for the sake of our children and grandchildren. We can do it. We will do it.